In August, the country published an updated list of countries with which it will exchange tax information. Both individuals and legal entities operating internationally should pay attention to the update.
The updated list includes 157 jurisdictions. The list can be found on the website of the Czech Ministry of Finance.
When a country is included in the list, it means that information about accounts will be transferred, the movement of funds will be monitored, and tax information will be transferred between countries.
With the updated list, the Czech Republic is strengthening tax transparency.